Overview
Your Ripit balance, shown in your Wallet, is the total amount in your account. It can hold different kinds of funds, for different purposes. Only Sale Proceeds can be withdrawn.
What makes up the balance
Sale Proceeds: amounts credited when Ripit buys a slab from you through sell-back. These are the only withdrawable funds.
Purchase Balance: money you add from a payment method. It can be spent on packs but not withdrawn.
Promotional or courtesy credit: credit we give you. It can be spent on packs but not withdrawn.
Important
Your balance is not a deposit account. It is not insured, does not bear interest, and is not held in trust for you. A withdrawal is not a refund of any purchase, and pack purchases remain final sale. From time to time your withdrawable balance might differ from your sales proceeds while Ripit monitors and processes account activities.